This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. Its structure, featuring phosphorus and nitrogen donor atoms, makes it highly effective in coordinating with metals like rhodium, iridium, or palladium. This coordination facilitates enantioselective transformations, such as hydrogenation, hydroformylation, or carbon-carbon bond-forming reactions, which are crucial in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals. The compound’s ability to induce high enantioselectivity allows for the production of optically active compounds, which are often essential for the desired biological activity in drug development. Additionally, it is employed in academic and industrial research to explore new catalytic processes and optimize existing ones for improved efficiency and selectivity.